San FranciscoHyperscalers will spend over $1 trillion next year.
A Wharton economist says that bet requires a 2.7x productivity jump to break even.
Current AI revenue runs $150–200 billion a year, far short of what trillion-dollar capex needs to earn a 15% return.
Jessica Wachter says a shortfall risks missed interest payments and possible bankruptcy.
How each outlet framed it
- MIT Technology Review
- quantifies hyperscaler productivity requirement (2.7x by 2030) against IT boom growth rates, flags bankruptcy risk
Sources: MIT Technology Review